NYRADA INC. — Director's Dealing 2025

May 20, 2025

Appendix 3Y Change of Director's Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX becomes ASX's property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Introduced 30/09/01 Amended 01/01/11
Name of entity	Nyrada Inc
ABN	54 625 401 818

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Christopher Cox
Date of last notice	22 January 2025

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest	Direct or indirect interest	(1) Indirect(2) Direct(3) Direct	(1) Indirect(2) Direct(3) Direct
		(3) Direct
Nature of indirect interest(including registered holder)		(1) Company(2) N/A(3) N/A
Date of change		(1) N/A(2) N/A

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director's Interest Notice

		Appendix 3YChange of Director's Interest Notice	Appendix 3YChange of Director's Interest Notice
No. of securities held prior to change		(1) 1,425,000 - CHESS DEPOSITARY INTERESTS(2) 600,000 - ESOP OPTIONS * and **(3) 0 - WARRANTS IN THE FOLLOWINGTRANCHES:• 0 UNL WAR EXP 15/05/2029 @ $TBD VEST15/05/2026 **• 0 UNL WAR EXP 15/05/2030 @ $TBD VEST15/05/2027 **• 0 UNL WAR EXP 15/05/2031 @ $TBD VEST15/05/2028 **
		Note:* 600,000 options will vest upon the thirdanniversary of the grant date of 16 January 2020(Expiry 3 years from the date on which the optionvests).** In relation to ESOP OPTIONS and WARRANTS,
		the exercise price will be the higher of:• 100% of the Fair Market Value (as defined in theCompany’s Stock Incentive Plan) of the Shares onthe date that the option is granted; and• 120% of the volume weighted average price of the
		Company’s CDI’s for the period of 10 trading daysprior to the date on which that option vests.
Class	Class	(1) CHESS DEPOSITARY INTERESTS(2) ESOP OPTIONS(3) WARRANTS
Number acquired		(1) N/A(2) N/A(3) 1,800,000 - WARRANTS
Number disposed		N/A
Value/Consideration		(1) N/A(2) N/A(3) NIL - ISSUED AS PART OF INCENTIVESECURITIES APPROVED BY SHAREHOLDERSON 17 APRIL 2025

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 2

Appendix 3Y Change of Director's Interest Notice

No. of securities held after change	No. of securities held after change	(1) 1,425,000 - CHESS DEPOSITARY INTERESTS(2) 600,000 - ESOP OPTIONS * and **(3) 1,800,000 - WARRANTS IN THE FOLLOWINGTRANCHES:• 600,000 UNL WAR EXP 15/05/2029 @ $TBDVEST 15/05/2026 **• 600,000 UNL WAR EXP 15/05/2030 @ $TBDVEST 15/05/2027 **• 600000 UNL WAR EXP 15/05/2031 @ $TBD	(1) 1,425,000 - CHESS DEPOSITARY INTERESTS(2) 600,000 - ESOP OPTIONS * and **(3) 1,800,000 - WARRANTS IN THE FOLLOWINGTRANCHES:• 600,000 UNL WAR EXP 15/05/2029 @ $TBDVEST 15/05/2026 **• 600,000 UNL WAR EXP 15/05/2030 @ $TBDVEST 15/05/2027 **• 600000 UNL WAR EXP 15/05/2031 @ $TBD	(1) 1,425,000 - CHESS DEPOSITARY INTERESTS(2) 600,000 - ESOP OPTIONS * and **(3) 1,800,000 - WARRANTS IN THE FOLLOWINGTRANCHES:• 600,000 UNL WAR EXP 15/05/2029 @ $TBDVEST 15/05/2026 **• 600,000 UNL WAR EXP 15/05/2030 @ $TBDVEST 15/05/2027 **• 600000 UNL WAR EXP 15/05/2031 @ $TBD	(1) 1,425,000 - CHESS DEPOSITARY INTERESTS(2) 600,000 - ESOP OPTIONS * and **(3) 1,800,000 - WARRANTS IN THE FOLLOWINGTRANCHES:• 600,000 UNL WAR EXP 15/05/2029 @ $TBDVEST 15/05/2026 **• 600,000 UNL WAR EXP 15/05/2030 @ $TBDVEST 15/05/2027 **• 600000 UNL WAR EXP 15/05/2031 @ $TBD	(1) 1,425,000 - CHESS DEPOSITARY INTERESTS(2) 600,000 - ESOP OPTIONS * and **(3) 1,800,000 - WARRANTS IN THE FOLLOWINGTRANCHES:• 600,000 UNL WAR EXP 15/05/2029 @ $TBDVEST 15/05/2026 **• 600,000 UNL WAR EXP 15/05/2030 @ $TBDVEST 15/05/2027 **• 600000 UNL WAR EXP 15/05/2031 @ $TBD
		VES	,T 15/05/2028 **
		Note* 60	:000 ti ill t	upon the thirdate of 16 January 2020ate on which the option
		anni(Expvest	, opons w vesversary of the grant diry 3 years from the ds).
		** In relation to ESOP OPTIONS and WARRANTS,the exercise price will be the higher of:• 100% of the Fair Market Value (as defined in theCompany’s Stock Incentive Plan) of the Shares onthe date that the option is granted; and• 120% of the volume weighted average price of theCompany’s CDI’s for the period of 10 trading daysprior to the date on which that option vests.
Nature of change		(1) N/A(2) N/A(3) ISSUE OF WARRANTS AS APPROVED BYSHAREHOLDERS ON 17 APRIL 2025.

Part 2 - Change of director's relevant interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securitiesto which interest relatedprior to change	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Interest after change	N/A

Part 3 -[+] Closed period

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Were the interests in the securities or NO contracts detailed above traded during a +closed period where prior written clearance was required?

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director's Interest Notice

	Appendix 3YChange of Director's Interest Notice
If so, was prior written clearance provided toallow the trade to proceed during this period?	N/A
If prior written clearance was provided, onwhat date was this provided?	N/A

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 4